Re <<The Fed’s mettle will be tested because highly over leveraged institutions will fail as they historically have done in such situations. Bad actors or their enablers should be directed to bring their collateral to the discount window or, if necessary, to the bankruptcy process rather than be given bailouts that have severely widened the income and wealth divides in the U.S. while causing the Fed to sacrifice price stability that's so essential for broad-based economic gains.>>
Am playing defensive!!!
Following up to Message 34240977 , putting mind to wife's portfolio construction, I am in the meantime front-running her and scaling in, gingerly, very extremely gingerly, over the next 12-months, starting with ...
Bought Enterprise Products Partners LP finance.yahoo.com
- the theory be that as long as Team USA in business, the 1:1 leveraged EPD shall remain in business, somewhat inflation-buffered, and paying out
Link finviz.com 
Bought Energy Transport Cumulative Preferred C nasdaq.com
Same idea, namely
- as long as Team USA in business, the 1:1 leveraged EPD shall remain in business, somewhat inflation-buffered, and paying out ~10%
- like the cumulative feature, getting paid ahead of the common shareholders, and on cumulative basis for payments missed
The 2:1 debt load is healthy pivot on stable biz finviz.com
The ET stock itself is finance.yahoo.com
Bought Energy Transport Cumulative Preferred D nasdaq.com
Am pointing out that for the folks who bought back in 17th March 2020, they made out like a bandit. Should we do another tanking due to whatever, shall know what to do and FAST! and DO LEVERAGE!!! |
